What is the most important lesson life has taught you?

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Recorded Bill Clinton said elsewhere, not written here
Now, what did I learn from it? I learned that there were people, mostly in the other party, who believe in free trade but didn’t really believe in doing anything for people who lost jobs. That is, every trade deal produces winners and losers, so this was going to work for us in a lot of ways because the Mexicans had much higher tariffs than we did. And because, if you’re a wealthy country, the jobs trade creates pay above the average wage, and often the jobs that are lost pay below. But it’s always assumed that all those people will be retrained and that there will be incentives to invest within driving distance of where they live to create new jobs. And we lost the Congress in ‘94, and I couldn’t get the money, and there was no interest in it until my last year as president when we passed something called the New Markets Initiative. So if I had it to do again, I’d get the money on the front end, and I’d say, “No, no, no, no. I need more money to help the people who will lose the jobs.” I just assumed, I think probably because I had — the Congress was the majority of our party, and also because the people that were for NAFTA, I couldn’t imagine that they wouldn’t want to help the people that wouldn’t be winners.

Academy of Achievement interview source ↗

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Question What is the best advice you have ever received? Time & hindsight
He knew that it would be unpopular in Arkansas. You know, we’re just a state dominated by the Scotch-Irish, who provided 25 percent of all the soldiers who ever fought in uniform for America since the revolution. One of our counties had the highest fatality rate of any county in America in World War II. A lot of poor African American kids were in the military, and their parents didn’t want to know it was for nothing. I mean it was like an across-the-board challenge, and he believed — he had a very clear view of it, and I thought it was unusual because Fulbright had been more willing than I wish he had been to trim his sails on civil rights for a long time. And he said, “Yes, I disagree with them on that too,” but he said, “If you want to be a representative, and they know something, as much about something as you do — and they do on this — sometimes you have to give in.” “But on this, if I know more than they do, I am doing an immoral thing to preserve my political position at the expense of doing what’s right for their children over the long run.” And in the end, it played a significant role in the undoing of his career, but he did an enormous service to the country in the meantime. And I think — he lived to be 87 — he lived long enough for me to become president and give him the Medal of Freedom, and I think he died at peace with himself and the decision he made.

Recorded Academy of Achievement interview source ↗

Question Which teacher, parent, coach or friend most made you who you are, and what did you learn from them? Relationships
So Quigley taught a course called “The History of Civilizations,” and at the end, he said that the great gift of Western civilization to the human race was the idea of progress in a very specific way. He said it was the idea that the future can be better than the present and that every single person, not just the rulers, not just the elected leaders, not just the billionaires, every person has a personal moral obligation to make it so, to keep it going, to make the future better. And it resonated with me. I thought, “That’s the purpose of politics.” It made me really think even more than I had before that I might like a career in public service. It also made me aware of why in the aftermath of something like the 2008 crash you are going to have so much disorientation and anger and frustration because too many people have gotten up every day, and some still do, and looked in the mirror and thought all their tomorrows were going to be like yesterday. It’s the ultimate disempowerment. There’s nothing you can do for yourself, and even worse, for your family. It’s going to be all the same, and Quigley made us understand that our whole culture in Western civilization was designed to counter that, to believe that you personally could make a difference, and I never got over it.

Recorded Academy of Achievement interview source ↗

Question What keeps you awake at night? Daily life
Now that’s what happens when people go crazy, where the only thing that matters is whose camp are you in, whose side are you on, what tribe do you belong to — where facts and discussions become irrelevant. And it made me wonder whether the way I was raised and all the listening and storytelling skills I learned as a boy would even be relevant today. They’d be good if you’re in. They’re still really important to getting anything done, but if you live in an environment where everything is a litmus test and everything is a-hundred-to-nothing, and the only thing that matters is feeding your resentment, and anger blinds you to answers, and being very sanctimonious somehow proves your sincerity and authenticity, it’s really hard to get anything done. It’s a whole new challenge now, and that’s why — and the Russians knew that. You know, that’s when they get in here and start fooling with all these politics. They realize you just sort of load it up because once people take sides based on what tribe they’re in then there’s no difference in facts and fiction. There’s no difference in truth and lies. It’s just, does this confirm what side you’re on? And you can’t run a democracy that way. It is utterly impossible to preserve democracy.

Recorded Academy of Achievement interview source ↗

Question What are you most proud of? Identity & self
I’m most proud of the fact that we produced broad-based prosperity, where the incomes of the bottom 20% rose more percentage-wise than the incomes of the top 20%, about the same as the incomes of the top 5%. That was across all racial groups, all regional groups, and all income groups, and that we did it while eliminating 600 billion dollars in national debt. And I put America on a path to be debt free so that we’d be able to embrace the challenges of the 21st century, and I think that at a time of yawning inequality, having inclusive prosperity is very important to building support for inclusive societies.

Recorded Academy of Achievement interview, London, England, 18 October 2017 source ↗

Question What is one of the best or most worthwhile investments you have ever made — of money, time, or energy? Money & investment
My job was basically to be a delivery boy for all kinds of things, but they also — because I was at Georgetown and studying international affairs, I was assigned to read six newspapers a day and clip the most relevant articles. This is the technology we used. You couldn’t scan articles. There was no “online.” There was nothing, right? So I would read the newspapers, clip the articles I thought they ought to read, put them on a routing slip, which had on it the names of the senior staff of the committee and all the senators who were committee members. And I would send it to the senior staff, and they would decide whether to send any of them on, but I don’t think I’d have won a Rhodes Scholarship if I hadn’t been a clerk on the Foreign Relations Committee. Nobody else I was competing with read six newspapers a day, and they actually paid me good money to read The Washington Post, The New York Times, The Washington Star, which existed then, The Baltimore Sun , The St. Louis Post Dispatch , and then we alternated — and — oh, and The Wall Street Journal . We read them every day. Those were the six papers we read. I did, and then that’s what the senators got.

Recorded Academy of Achievement interview source ↗

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